Wednesday, 10 July 2013

All about money management

F E A R   A N D    G R E E D   A R E   N O T   T H E   O N L Y
E M O T I O N S    I N   T R A D I N G

In the movie Wall Street, Gordon Gecko says, “Greed. . .is good.” Gordon may be
a bit overzealous in his love of greed, but that is certainly an entertaining scene
in the movie!
When the psychology of the markets is discussed, fear and greed are often
the most common emotions that are bantered about. And yet, there are a
number of other, equally important emotions in play.
Here are some negative psychological motivators (other than fear and
greed) to consider when evaluating your own trading psychology:
Regret
Anxiety
Blame
Dread
Anger
Apathy
Denial
Here are some positive psychological motivators to consider when evaluating
your own trading psychology:
Happiness
Acceptance
Anticipation
Pride
Appreciation
Confidence
When evaluating your psychological and emotional motivators, you want to
focus on ways in which you can reduce the occurrence of negative emotion......olagunju shina

No comments:

Post a Comment